Advance Democracy Inc

Analysis

Advance Democracy Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advance Democracy Inc reported income of $3.6m and spending of $4.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.3m to $3.6m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Advance Democracy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Global Volunteers ($3.6m), Junior Achievement of Southern Ca ($3.6m) and Save Venice Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $468k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.2m against liabilities of $134k, net assets of $4.0m. It reported 11 employees.